Enterprise software development companies are now implementing automation software to lighten the cumbersome burden of repetitive tasks they do for the startup workforce. However, the recognition of automation is changing the face of the IT industry. When we talk about technology, it is sometimes overwhelming to keep on top of new terminology and trends.
Enterprise application software (EAS) is a term that we hear often, though it isn’t always easily defined. In general, EAS is large-scale software that aims to support or solve the problems of an entire organization especially if it’s a startup. This large-scale software allows for various different user roles and the roles define the actions a specific user can perform.
Key benefits of Enterprise Application Integration
Enterprise software plays a significant role in the success of your business’s digital transformation strategy. More specifically, enterprise application software is used in several different operations to streamline communication, enhance workflow and save time, making them different from typical B2C applications. However, there are other benefits of implementing EAS, including:
- Consistency and Quality: All operations are performed uniformly, creating consistent results ensuring the same outcome each time.
- Metric availability: Uses real-time data from different operations collecting and generating reports and analyses to monitor key performance indicators(KPIs).
- Operational efficiency: With reduced time, effort and labor costs needed to complete typical standard procedures, operational efficiency is remarkably increased.
- Reduced labor costs: Manually performing tasks that lead to human errors and require additional expenses to reconcile discrepancies are eliminated.
- Customization: Enterprise software systems are often carefully curated keeping in mind your business processes and specific needs.
- Scalability and extensibility: Enterprise application software system tends to grow along with your business.
- High security: EASs are facilitated with various layers of security such as encryption, multiple user roles and two-factor authentication.
Top enterprise software solutions every business needs
Establishing an enterprise requires a multi-dimensional approach. As an entrepreneur, you need to keep several accounts in mind to start up an ever-lasting business. To stand steady in the market, here are our top 7 list of enterprise tools without which you can’t step further:
- Enterprise resource planning
- Customer relationships management
- Business intelligence
- Supply chain management
- Human resource management
- Marketing automation
- Business process management and automation
- Enterprise resource planning
How to choose enterprise software: buy vs build
If Shakespeare was an IT manager, the famous question ‘To be, or not to be’ would have been ‘To build or to buy. With a wide range of enterprise industries, it’s hard to come by two identical enterprises. Each organization has its own unique system and processes that have been up and running for years. This is the reason why enterprises are often left in dilemma whether to build a custom solution around existing processes or adapt to a third-party enterprise tool.
It is generally a better idea to go for a custom-built system if available solutions cover less than 60% of your needs.
There’s a no one fits all approach, as both choices have their benefits considerably. Nonetheless, there is a well-tested way to find whether the existing solution meets your business requirements. The checkpoints below summarize the consequences and prospects of the build vs buy software approach.
Building software is beneficial for your business enterprise if:
● Software is going to give you a competitive advantage sustainably
● No other existing solution meets your business needs
● Endpoints of collecting data aren’t volatile and are prone to changes frequently
● You have enough resources to cover costs associated with maintaining and building software
Buying commercial software is beneficial for your business enterprise if:
● Building software won’t give you a competitive edge
● You are looking for a quick solution that deploys immediately
● The solution available addresses your business challenges
● Your resources are limited and you would rather invest them in core business activities
Conclusively, the answer to if you should buy or build depends on a case-by-case basis and especially the needs of your enterprise.
Mobility solutions are a huge part of our everyday lives.
Today, consumers are spending up to 5 hours each day on their smartphones.
Mobile traffic accounts for over 70% of total internet traffic.
Growing investments in mobile technology have improved speed, performance, and accessibility.
Mobile is the preferred way for consumers to find information, purchase products, and manage their lives.Businesses recognize this shift and are looking to create solutions for consumers and employees.
The long-term success of the modern enterprise depends on developing mobility solutions.
